KPA(SH:688681)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥44,304,368.54, representing a decrease of 5.12% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥13,583,407.77, with a diluted earnings per share of -¥0.13[5][6]. - The net profit for Q1 2022 was -13,583,407.77 RMB, compared to -9,079,148.79 RMB in Q1 2021, representing a 49.1% increase in net loss year-over-year[19]. - Operating profit for Q1 2022 was -12,911,801.01 RMB, worsening from -7,943,828.23 RMB in the same period last year[19]. - Total comprehensive income for Q1 2022 was -13,614,938.29 RMB, compared to -9,074,032.08 RMB in Q1 2021, indicating a 50.5% increase in comprehensive loss[20]. - Revenue from sales of goods and services received in Q1 2022 was 53,347,887.26 RMB, a decrease from 55,018,813.98 RMB in Q1 2021[22]. - The basic and diluted earnings per share for Q1 2022 were both -0.13 RMB, compared to -0.12 RMB in Q1 2021[20]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥6,413,335.80, indicating a significant cash outflow due to operational restrictions[6][8]. - Cash and cash equivalents as of March 31, 2022, were RMB 136,580,301.23, down from RMB 179,017,160.65 at the end of 2021, a decrease of 23.6%[13]. - Cash and cash equivalents at the end of Q1 2022 were 131,342,312.63 RMB, down from 173,779,172.05 RMB at the beginning of the period[24]. - The company incurred a total cash outflow from investing activities of -35,728,168.96 RMB in Q1 2022, compared to -4,578,911.74 RMB in Q1 2021[23]. - The company reported a decrease in cash flow from operating activities, with cash inflows totaling 56,723,226.43 RMB in Q1 2022, down from 60,998,722.87 RMB in Q1 2021[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥739,349,134.66, down 4.31% from the previous year[6]. - Total assets decreased to RMB 739,349,134.66 as of March 31, 2022, compared to RMB 772,662,709.21 at the end of 2021, a decline of 4.3%[16]. - Total liabilities decreased to RMB 167,850,016.62 as of March 31, 2022, down from RMB 187,678,085.56 at the end of 2021, a reduction of 10.6%[15]. - The company's total current assets were RMB 548,090,246.42 as of March 31, 2022, compared to RMB 583,076,085.32 at the end of 2021, a decrease of 6.0%[14]. - The total equity attributable to shareholders decreased to RMB 571,499,118.04 as of March 31, 2022, from RMB 584,984,623.65 at the end of 2021, a decline of 2.3%[16]. Research and Development - Research and development expenses totaled ¥8,872,740.75, accounting for 20.03% of operating revenue, an increase of 3.00 percentage points year-on-year[6]. - Research and development expenses increased to RMB 8,872,740.75 in Q1 2022, up from RMB 7,950,499.16 in Q1 2021, reflecting a growth of 11.6%[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,978[10]. - The largest shareholder, Shandong Kehui Investment Co., Ltd., held 27.06% of the shares, totaling 28,323,315 shares[10]. Market Conditions - The company faced significant challenges in Q1 2022 due to the pandemic, affecting market activities and production capabilities[8]. - The weighted average return on net assets was -2.35%, reflecting the impact of seasonal factors and rising raw material costs[6][8].